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UGC NET Theories of international trade Previous Year Questions

JRFSmart holds 27 previous-year questions on Theories of international trade from UGC NET Commerce (Paper 2), filed under Unit 1: Business Environment and International Business, drawn from 17 of the 22 exam papers in the bank (2018–2025). Each question can be practised with a full explanation and shows how often NTA has returned to the same idea.

27Questions
17 of 22Papers containing it
HighFrequency
2018–2025Years covered

What is asked in Theories of international trade

The questions in this topic fall under these subtopics, ordered by how many previous-year questions each has.

SubtopicQuestions
Trade theories and their authors4
Heckscher-Ohlin factor endowments2
Trade theories1
Factor endowment theory1
Quotas1
Countervailing duties1
India's trading partners1
Types of dumping1
Types of quota1
Determinants of export performance1
Disguised non-tariff barriers1
Non-tariff barriers1

NTA repeat analysis

Theories of international trade appears in 17 of 22 papers (77%), which JRFSmart rates as high frequency.

1 question in this topic has been verified as repeated in more than one paper.

Sample previous-year questions

Match List I with List II: LIST I | LIST II A. Absolute Advantage | I. David Ricardo B. Factor Endowments | II. Minhas, Leontief et. al. C. Factor-Intensity Reversal | III. Adam Smith D. Comparative Advantage | IV. Heckscher-Ohlin Choose the correct answer…

October 2022Asked 2 times

Match the LIST-I with LIST-II LIST I | LIST II A. Theory of Comparative Cost Advantage | I. Heckseher & Ohlin B. Theory of Opportunity Cost | II. David Ricardo C. Theory of Factor Endowment | III. Haberler D. Theory of Absolute Advantage | IV. Adam Smith…

January 2025

Arrange the following theories of international trade in chronological order (old to new) A. Mercantilism Theory B. Comparative Advantage Theory C. Product Life Cycle Theory D. Hecksher-Ohlin Theory Choose the correct answer from the options given below:

June 2025

Match the LIST-I with LIST-II LIST I | LIST II A. Specific Tariff | I. Fixed percentage of the value of the commodity B. Ad valorem Tariff | II. Fixed amount of money per unit C. Compound Tariff | III. Duty fixed to bring the price of imported commodity to…

June 2025

Assertion (A) : Heckscher and Ohlin developed a theory to explain the reasons for differences in relative commodity prices and competitive advantages between two nations. According to this theory, a nation will export the commodity whose production requires…

December 2025

An empirical test was carried out in 1951 on Heckscher Ohlin model to find out whether or not the US, which has abundant capital resources, exports capital intensive goods and imports labour intensive goods. But, it was found that the US exported more…

December 2025

Which of the following are different types of dumping? A. Persistent Dumping B. Predatory Dumping C. Sporadic Dumping D. Nomadic Dumping Choose the correct answer from the options given below:

September 2024

Match List - I with List - II. LIST I | LIST II A. Theory of comparative Advantage | I. Michael Porter B. Theory of competitive Advantage | II. David Ricardo C. The Purchasing Power Parity Theory | III. Adam Smith D. Theory of Absolute Advantage | IV. Gustav…

June 2024

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Related topics in this unit

FDI and MNCsBusiness environmentBusiness ethics and CSRForeign exchangeWTORegional economic integrationInternational businessEXIM policy
All of Business Environment and International BusinessUGC NET Commerce unitsSearch Theories of international trade